Banking

The latest banking stories from Egypt and across the globe, by the Daily News Egypt banking team, including global insight and commentary on the top issues concerning this sector.
Latest Banking News

2017 is the year to rectify the Egyptian economy, bank investment opportunities abound: Fahmy

Banks to look for alternative financing opportunities as state reduces dependence on…

Hossam Mounir

2017 is full of opportunities and challenges for banks in the Egyptian market: Fayed 

Bank Audi will focus on financing food, medicine, and production requirements this…

Hossam Mounir

2017 is the year of harvesting fruits of 2016 economic reforms: Tinawi

ABC-Egypt finalised preparing SMEs service infrastructure; ready to begin supporting the sector

Hossam Mounir

Banks to be vital for supporting the economy in 2017: Elkosayer

PBDAC will continue its role to serve Egyptian peasants with greater diversification…

Hossam Mounir

Banks to increase size of financing for factories and projects, reduce size of funding budget deficit: Elkady

United Bank aims to implement a strong expansion plan in various sectors…

Hossam Mounir

New year to witness real beginning for attracting foreign investments, allowing banks to finance national, investment projects: El Zahid

Sectors of transportation, logistics, construction, industry, food, and basic commodities top indsutries…

Hossam Mounir

Strong expectations for banks to increase financing to SMEs and major projects in 2017: El-Etreby

Banque Misr aims to implement a strong plan to expand in terms…

Hossam Mounir

NBE finances imports worth $4.3bn for public, private sectors since pound flotation 

NBE's proceeds reached $2.2bn since 3 November 2016, while savings certificates with…

Hossam Mounir

Banque Du Caire participates in new initiative to support small and micro enterprises in Upper Egypt

The bank granted over 1.5m loans to owners of micro enterprises with…

Hossam Mounir